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Microcap & Penny Stocks : QDRX
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To: J. Davies who wrote (2841)10/2/1997 10:16:00 AM
From: strtrset   of 3977
 
Sounds to me that we have some bitter people on this thread who want to stir discontent amongst us loyal quadrax shareholders.A lttle insight on a few hot subjects may put the trusting levelheaded shareholders at ease.Hayton was and still is a con artist and that is why Palermo paid this low life off.Lions golf was initialy a good investment and a way for quadrax to market their shafts in the golf areana.But when Taylor Made came along-they TM looked at Lions as direct competition to their product line.TM says we will give you R&D money to perfect some products for us but you must get rid of Lions.Palermo sold it back to Cole-original owner and one of the VPs that quadrax got rid by way of sale.Wimbleton tennis is another avenue that quadrax tried in order to market their tennis rackets.This did not work out because of a number of reasons-Wilson,Prince and Head control 85% of market and the rest is divided amounst half dozen other brands.With the ridiculous cost quadrax had to pay for using the Wimbleton name and their lack of a concerted effort to sell and advertise quadrax's rackets-Palermo and his tennis advisors saw no profit in this adventure.May have worked to some degree if Wimbleton would have shared in clothing line-but not the case.Here went another VP-but not lost in the vain that J.Davis implies. The Vega deal was an outright fraud by the seller and quadrax's lawyers were fooled-Palermo trusted the advice of his lawyers and other directors to go ahead and sign.The bad side of this deal was the initial cost and the settlement costs.The good side was penetration in the hockey stick market.The constant posting of Palermo's salary and benefits,etc. is just an attempt to inflame shareholders-to a lay person his salary etc. seems high-nice way to boil the pot.Especially since this company is struggling to get profitable-these are low blows by losers.Does anyone think for a moment that a bank would loan Victor $5m if they suspected John or Jim of any dishonest or selfish motives.Victor was a steal and all the workers at the plant thank the Palermos for taking over the company and fotifying there future employment.It one reads the press releases carefully you will note disclaimers.If you can't handle the risk-get out.We are all waiting for a TM deal but nowhere does quadrax say that one will occur.A good way to tell if quadrax is not going to be a success is to focus on insider trading.Another study is the dilution of stock-Palermo owns 780k shares-if you owned this many shares and dilution hurt your net worth-would you dilute without agony.This method of securing finance is quadrax's only avenue-without Reg-S issuance we have no company.So wake up and see what Palermo and the directors are really doing-and it is for us loyal shareholders.Let the detracters and crybabies find another stock to belittle.My close family and friends,along with the dedicated people at quadrax are tired of these few,bitter diruptive losers posting.
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